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Evercore ISI Sticks to Their Hold Rating for Landstar System (LSTR)

Tipranks - Tipranks - Tue Feb 3, 6:40AM CST

Evercore ISI analyst Jonathan Chappell maintained a Hold rating on Landstar System on January 30 and set a price target of $153.00. The company’s shares closed last Friday at $149.36.

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Chappell covers the Industrials sector, focusing on stocks such as CH Robinson, Canadian National Railway, and Canadian Pacific Kansas City. According to TipRanks, Chappell has an average return of 17.1% and a 63.93% success rate on recommended stocks.

Landstar System has an analyst consensus of Hold, with a price target consensus of $154.10, implying a 3.17% upside from current levels. In a report released on January 29, TipRanks – Anthropic also reiterated a Hold rating on the stock with a $158.00 price target.

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Based on Landstar System’s latest earnings release for the quarter ending September 27, the company reported a quarterly revenue of $1.21 billion and a net profit of $19.36 million. In comparison, last year the company earned a revenue of $1.22 billion and had a net profit of $50.03 million

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